Market Highlights
The Global Market of Offshore Supply Vessels around the world is growing rapidly. Increasing demand for automation in different energy verticals is the key factor which driving the market of offshore supply vessels. North America leads the global offshore supply vessels market. It offers benefits such as real time detection of faults in machineries, decrease the amount of defects in output as well as decrease production cost. Offshore supply vessels systems are being deployed in countries like India and China for smart grid techniques and to reduce power transmission and distribution losses. The existing supply and demand gap in the oil and gas sector has increased the need for efficient search and extraction of oil and gas. Offshore supply vessels systems are implemented to maximize oil and gas extraction. Additionally, the renewed interest in shale gas extraction has also driven the Offshore Supply Vessels Systems Market.

Asia pacific will be the largest market
Currently, Asia pacific is dominating the market such as china, Thailand and India countries having the new opportunities for Oil & gas industry. Rapid advancement in process automation and large investments in energy verticals such as oil & gas are driving the growth of Asia pacific. Moreover, Major offshore operators present are expected to play dominant role in market growth over the forecast period. Growing number of deep water discoveries in this region are estimated to drive subsea drilling and transport activities in the region and driving the market of offshore supply vessels.

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Key Players
The major player operating in the market of Global Offshore supply vessels are
• Rem Maritime As,
• Bass Marine Pty Ltd.
• Harvey Gulf,
• Bourbon SA,
• Tidewater,
• ExxonMobil,
• Island Offshore Management,
• Havila Shipping ASA,
• Intermarine LLC

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